Aura Minerals (NASDAQ:AUGO) CFO Sells $635,672.08 in Stock

Key Points

• Aura Minerals CFO Santos Cardoso Joao Kleber Dos sold 7,934 shares at an average price of $80.12, generating $635,672.08. The transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced his ownership by 7.48% to 98,111 shares.
• AUGO shares rose 2.0% to $86.69, while the company reported quarterly revenue of $335.97 million and earnings of $2.57 per share. Aura has a market capitalization of approximately $7.26 billion.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $79.27. The company declared a quarterly dividend of $0.72 per share, equivalent to a 3.3% annualized yield.

Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) CFO Santos Cardoso Joao Kleber Dos sold 7,934 shares of the company's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $80.12, for a total transaction of $635,672.08. Following the completion of the transaction, the chief financial officer owned 98,111 shares of the company's stock, valued at $7,860,653.32. This trade represents a 7.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Santos Cardoso Joao Kleber Dos also recently made the following trade(s):

• On Monday, August 17th, Santos Cardoso Joao Kleber Dos sold 2,066 shares of Aura Minerals stock. The shares were sold at an average price of $80.00, for a total transaction of $165,280.00.
• On Friday, August 7th, Santos Cardoso Joao Kleber Dos sold 10,000 shares of Aura Minerals stock. The shares were sold at an average price of $70.03, for a total transaction of $700,300.00.
• On Tuesday, June 30th, Santos Cardoso Joao Kleber Dos sold 60,000 shares of Aura Minerals stock. The stock was sold at an average price of $61.95, for a total transaction of $3,717,000.00.

Aura Minerals Stock Up 2.0%

AUGO traded up $1.69 on Thursday, hitting $86.69. The company had a trading volume of 1,810,036 shares, compared to its average volume of 989,584. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.06 and a quick ratio of 0.82. Aura Minerals Inc. has a 52-week low of $26.98 and a 52-week high of $110.32. The stock has a fifty day simple moving average of $62.80 and a 200-day simple moving average of $73.21. The firm has a market capitalization of $7.26 billion and a P/E ratio of 24.49.

Aura Minerals (NASDAQ:AUGO - Get Free Report) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 earnings per share for the quarter. Aura Minerals had a return on equity of 103.62% and a net margin of 23.18%.The business had revenue of $335.97 million for the quarter. As a group, equities analysts expect that Aura Minerals Inc. will post 5.55 EPS for the current fiscal year.

Aura Minerals Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Tuesday, August 18th will be given a dividend of $0.72 per share. The ex-dividend date is Tuesday, August 18th. This represents a $2.88 annualized dividend and a dividend yield of 3.3%. Aura Minerals's payout ratio is currently 81.36%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AUGO. Wall Street Zen cut Aura Minerals from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Zacks Research cut shares of Aura Minerals from a "hold" rating to a "strong sell" rating in a report on Tuesday, July 28th. Bank of America reduced their target price on shares of Aura Minerals from $122.00 to $94.00 and set a "buy" rating on the stock in a research report on Thursday, July 9th. Weiss Ratings upgraded shares of Aura Minerals from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, August 7th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Aura Minerals from $104.50 to $91.00 and set an "overweight" rating for the company in a research report on Thursday, July 16th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Aura Minerals presently has a consensus rating of "Hold" and a consensus target price of $79.27.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Triumph Capital Management bought a new stake in Aura Minerals in the fourth quarter worth $25,000. Global Retirement Partners LLC bought a new position in shares of Aura Minerals during the fourth quarter valued at $34,000. Hollencrest Capital Management increased its holdings in shares of Aura Minerals by 307.7% during the fourth quarter. Hollencrest Capital Management now owns 795 shares of the company's stock valued at $40,000 after acquiring an additional 600 shares in the last quarter. Quarry LP purchased a new position in shares of Aura Minerals in the 3rd quarter worth about $37,000. Finally, Mark Sheptoff Financial Planning LLC purchased a new position in shares of Aura Minerals in the 4th quarter worth about $118,000.

About Aura Minerals

We are an Americas gold and copper production company with a significant portfolio of mining operations. Our mission is to deliver long-term value by unlocking operational efficiencies, responsibly growing our portfolio with a focus on return on invested capital, responsible mining practices and a commitment to sustainability. We operate with a decentralized culture, supported by a lean corporate team that ensures agile and dynamic management and decision-making processes, focused on high operational sustainability compliance standards.

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